Nubeva Non Current Liabilities Total vs Total Current Liabilities Analysis

NBVA Stock  CAD 0.18  0.02  10.00%   
Nubeva Technologies financial indicator trend analysis is infinitely more than just investigating Nubeva Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nubeva Technologies is a good investment. Please check the relationship between Nubeva Technologies Non Current Liabilities Total and its Total Current Liabilities accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nubeva Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Non Current Liabilities Total vs Total Current Liabilities

Non Current Liabilities Total vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nubeva Technologies Non Current Liabilities Total account and Total Current Liabilities. At this time, the significance of the direction appears to have pay attention.
The correlation between Nubeva Technologies' Non Current Liabilities Total and Total Current Liabilities is -0.83. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Nubeva Technologies, assuming nothing else is changed. The correlation between historical values of Nubeva Technologies' Non Current Liabilities Total and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Nubeva Technologies are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Non Current Liabilities Total i.e., Nubeva Technologies' Non Current Liabilities Total and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.83
Relationship DirectionNegative 
Relationship StrengthSignificant

Non Current Liabilities Total

Total Current Liabilities

Total Current Liabilities is an item on Nubeva Technologies balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Nubeva Technologies are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Nubeva Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nubeva Technologies current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nubeva Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At this time, Nubeva Technologies' Discontinued Operations is fairly stable compared to the past year. Selling General Administrative is likely to climb to about 2.1 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses3.5M3.7M2.8M3.3M
Research Development1.2M1.3M1.3M1.4M

Nubeva Technologies fundamental ratios Correlations

0.730.990.99-0.620.450.980.710.48-0.850.570.5-0.830.991.0-0.281.00.78-0.050.44-0.41-0.440.34
0.730.740.74-0.640.20.670.520.37-0.830.620.43-0.690.760.73-0.320.670.74-0.210.26-0.25-0.250.34
0.990.741.0-0.70.350.970.720.56-0.910.640.55-0.891.00.99-0.280.990.84-0.080.5-0.5-0.50.37
0.990.741.0-0.710.340.960.720.57-0.910.640.56-0.891.00.99-0.290.990.85-0.060.51-0.51-0.510.39
-0.62-0.64-0.7-0.710.38-0.51-0.43-0.930.9-0.78-0.90.91-0.71-0.620.52-0.6-0.950.02-0.850.870.85-0.66
0.450.20.350.340.380.550.25-0.53-0.01-0.26-0.440.070.340.450.260.46-0.18-0.08-0.490.540.47-0.37
0.980.670.970.96-0.510.550.660.38-0.780.470.37-0.750.960.98-0.130.980.7-0.030.35-0.31-0.340.25
0.710.520.720.72-0.430.250.660.27-0.670.760.26-0.670.720.71-0.130.710.57-0.390.14-0.27-0.130.1
0.480.370.560.57-0.93-0.530.380.27-0.720.650.96-0.790.560.48-0.550.470.860.240.98-0.95-0.970.78
-0.85-0.83-0.91-0.910.9-0.01-0.78-0.67-0.72-0.81-0.690.97-0.92-0.850.35-0.83-0.960.21-0.610.660.6-0.45
0.570.620.640.64-0.78-0.260.470.760.65-0.810.61-0.810.650.57-0.290.540.81-0.290.52-0.55-0.510.43
0.50.430.550.56-0.9-0.440.370.260.96-0.690.61-0.730.560.5-0.730.490.80.340.94-0.89-0.950.87
-0.83-0.69-0.89-0.890.910.07-0.75-0.67-0.790.97-0.81-0.73-0.9-0.830.32-0.81-0.960.19-0.70.770.69-0.45
0.990.761.01.0-0.710.340.960.720.56-0.920.650.56-0.90.99-0.290.980.85-0.10.5-0.5-0.50.37
1.00.730.990.99-0.620.450.980.710.48-0.850.570.5-0.830.99-0.281.00.78-0.050.44-0.41-0.440.34
-0.28-0.32-0.28-0.290.520.26-0.13-0.13-0.550.35-0.29-0.730.32-0.29-0.28-0.27-0.37-0.27-0.560.480.6-0.62
1.00.670.990.99-0.60.460.980.710.47-0.830.540.49-0.810.981.0-0.270.75-0.030.44-0.42-0.450.33
0.780.740.840.85-0.95-0.180.70.570.86-0.960.810.8-0.960.850.78-0.370.75-0.030.77-0.78-0.760.61
-0.05-0.21-0.08-0.060.02-0.08-0.03-0.390.240.21-0.290.340.19-0.1-0.05-0.27-0.03-0.030.38-0.16-0.360.69
0.440.260.50.51-0.85-0.490.350.140.98-0.610.520.94-0.70.50.44-0.560.440.770.38-0.91-1.00.8
-0.41-0.25-0.5-0.510.870.54-0.31-0.27-0.950.66-0.55-0.890.77-0.5-0.410.48-0.42-0.78-0.16-0.910.9-0.66
-0.44-0.25-0.5-0.510.850.47-0.34-0.13-0.970.6-0.51-0.950.69-0.5-0.440.6-0.45-0.76-0.36-1.00.9-0.78
0.340.340.370.39-0.66-0.370.250.10.78-0.450.430.87-0.450.370.34-0.620.330.610.690.8-0.66-0.78
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Nubeva Technologies Account Relationship Matchups

Nubeva Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.3M3.0M4.4M4.1M4.4M4.5M
Total Current Liabilities837.8K420.3K247.9K387.1K595.4K531.2K
Total Stockholder Equity1.3M2.5M4.1M3.7M3.8M3.7M
Net Tangible Assets1.3M2.5M4.1M3.7M4.2M3.6M
Retained Earnings(13.0M)(13.6M)(16.9M)(18.4M)(17.8M)(18.7M)
Accounts Payable108.7K82.0K83.2K115.5K58.0K111.9K
Cash1.9M2.3M4.0M3.6M3.6M2.9M
Net Receivables16.8K322.5K124.4K66.1K202.2K153.4K
Common Stock Shares Outstanding56.2M61.0M68.1M68.1M70.0M66.6M
Non Current Liabilities Total102.4K26.4K24.9K27.6K29.6K28.1K
Other Stockholder Equity574.2K1.2M2.0M3.0M3.5M3.6M
Total Liab940.2K446.7K272.8K414.7K625.0K559.9K
Net Invested Capital1.7M2.7M4.2M3.7M3.9M3.8M
Total Current Assets2.3M3.0M4.4M4.1M4.4M4.5M
Net Working Capital1.4M2.6M4.1M3.7M3.8M3.9M
Common Stock13.7M14.9M19.0M19.1M21.9M14.6M
Capital Stock13.7M14.9M19.0M19.1M19.3M18.3M

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